RARE PHOTOS: 133 | Rare Historical Photos

Jerome Powell Tells Congress The Fed Is 'Moving Expeditiously' To Fight Inflation

Federal Reserve Chair Jerome Powell rehashed the central bank's desire to cool down inflation on Wednesday as part of a congressionally mandated semiannual report on monetary policy.

Benzinga · Jun 22, 2022

Powell: Fed will decide on rate hikes 'meeting by meeting'

Federal Reserve Chair Jerome Powell underscored the Fed’s determination to raise interest rates high enough to slow inflation, a commitment that has fanned concerns that the central bank’s fight against surging prices could tip the economy into recession

The Independent UK · Jun 22, 2022

Powell Testimony And Other Macro Issues For Wednesday

The MBA's index of mortgage application activity for the latest week is scheduled for release at 7:00 a.m. ET. Federal Reserve Bank of Richmond President Thomas Barkin is set to speak at 9:00 a.m. ET. The Federal Reserve chief Jerome Powell will testify before Congress on monetary policy at 9:30…

Benzinga · Jun 22, 2022

S&P 500 Set For Worst Week Since March 2020 As Fed Gets More Aggressive With Rate Hikes

The SPDR S&P 500 ETF Trust (NSYE: SPY) dropped sharply this week as investors priced in the Federal Reserve's more aggressive approach to raising interest rates.

Benzinga · Jun 17, 2022

US Stock Futures Higher Following Thursday's Sell-Off

Pre-open movers U.S. stock futures traded higher in early pre-market trade after the Dow Jones dipped more than 700 in the previous session. The Federal Reserve raised interest rates by 0.75% on Wednesday.

Benzinga · Jun 17, 2022

Fed Chair Powell Speech And Other Macro Issues For Friday

Federal Reserve Chair Jerome Powell is set to speak at 8:45 a.m. ET. Data on industrial production for May will be released at 9:15 a.m. ET. Analysts expect industrial production rising 0.4% in May following a 1.1% increase in the previous month.

Benzinga · Jun 17, 2022

Race for relevance: On the Fed’s interest rate hike

The Fed’s hike can accelerate the exit of foreign portfolio investments

The Hindu · Jun 16, 2022

The Fed Raised Interest Rates By Historical Numbers: How You Can Combat Surging Inflation

The Federal Reserve and its Chair, Jerome Powell, raised interest rates by three-quarters of a percentage point on Wednesday, June 15th, 2022. The raise is the highest of its kind in nearly 30 years. Desperate times call for desperate measures, and The Fed is no exception, as it attempts to…

Benzinga · Jun 16, 2022

Sensex, Nifty drag to 52-week lows: 10 factors behind stock market fall

NEW DELHI: Equity indices slumped to fresh 52-week lows on Thursday as markets extended their losing streak to fifth straight session.

The Times of India · Jun 16, 2022

Recession 'Virtual Certainty' as Interest Rates Spike

Plus: Libertarian Party drama, how rent control hurts renters, and more...

Reason · Jun 16, 2022